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Benkadi Group
In this Group: Mamou , Mamou , Mah , Awa , Mayama , Kadia
The six women of the Benkadi group are married, the majority living in polygamous families. They have an average age of 49 years old and an average of four children. They all live in the village of Ouélégana in the region of Ségou (fourth administrative region of Mali). They got to know each other through neighbors, relatives and marriage, and their principal activity is selling food products.

They are on their second group loan, having repaid the first without any problem. This loan will be used to buy 200 bags of baobab (monkey bread tree) leaves, 150 kg of millet and 100kg of edible potash. They get their supplies in the villages of Benzena, Wessebougou, Donzana and Sonkebougou, and sell for cash and on credit to a mixed customer base, at home, walking around and at the markets in Ségou.

They envisage making an average monthly profit of 19,000 FCA which will be used to buy condiments, and to cover health care and the children's schooling costs. Their ambition is to buy agricultural equipment in partnership with Soro/Kiva.
View original language description ↓
Les six femmes du groupe Benkadi sont mariées majoritairement dans des familles polygames avec en moyenne 49 ans et 4 enfants. Elles vivent toutes dans le village de Ouélégana : région de Ségou (4ème région administrative du Mali).
Elles se sont connues à travers des liens de voisinage, de parenté et de mariage et font essentiellement la vente de produits alimentaires.
Elles sont à leur 2ème prêt solidaire, après avoir bien remboursé le premier.
Ce prêt sera utilisé pour acheter, 200 sacs de feuilles de baobab, 150kg de mil et 100kg de potasse alimentaire.
Elles se ravitaillent dans les villages de Benzena, Wessebougou, Donzana et Sonkebougou et effectuent leurs ventes au comptant et à crédit à une clientèle mixte, à domicile, en ambulant et aux marchés de Ségou.
Elles comptent réaliser un bénéfice mensuel moyen de 19.000FCA qui sera utilisé pour l’achat des condiments, les soins de santé et de scolarisation des enfants.
Elles ont pour ambitions l’achat des matériels agricoles dans ce partenariat avec Soro /Kiva

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 151
    View loans »
    Mali Loans Fundraising
  • $11,272,850
    Funds lent in using Kiva
  • 479.1
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Group's $325 loan helped a member to purchase food products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 12, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010